RCF plans to build $95m phosphoric acid unit at Thal

India’s state-owned Rashtriya Chemicals and Fertilizers Ltd (RCF) has granted in-principle board approval to set up a new 300 t/day phosphoric acid plant at its Thal unit in Alibag, Maharashtra. The company put the investment at about INR 8.65bn ($95.36m), with funding planned through a combination of debt and equity. RCF said the proposed capacity addition is 300 t/d “on a 100% P₂O₅ basis”.
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In its 12th February Bombay Stock Exchange filing, RCF said the project is expected to take 24 months from the Letter of Intent and is intended to strengthen backward integration. The move is likely to reduce the company’s need to procure phosphoric acid externally, with RCF’s own tender trail showing it has sought third-party “supply and delivery of phosphoric acid and sulphuric Acid at the RCF, Thal unit” in a recent Expression of Interest process.